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Autochartist Forecast

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Daily Forex Update: EUR/USD
Daily Forex Update: EUR/USD
The EUR/USD uptrend on the 240-minute time frame is correcting because the bulls were not able to sustain the pair above the 1.3300 "big figure" level. This pullback is still trading within Channel Up
10 August | 0 comments
 

Daily Forex Update: USD/CAD
Daily Forex Update: USD/CAD
On the daily chart, the USD/CAD created a double bottom when it reached a low at 1.0109, surpassing the previous low by 30 pips. Regardless, prices found buying support and rallied higher, leaving beh
6 August | 5 comments
 

Daily Forex Update: USD/JPY
Daily Forex Update: USD/JPY
The USD/JPY recently broke above the downtrend line resistance of a Falling Wedge pattern on the 240-minute time frame. This reversal higher has triggered an Autochartist Reversal of the Trend (ART) e
5 August | 0 comments
 

Daily Forex Update: EUR/CHF
Daily Forex Update: EUR/CHF
The uptrend on the 30-minute EUR/CHF has formed a Rising Wedge pattern, with prices trading higher through 1.3700 on their way to prior resistance at 1.3817. A Rising Wedge should ideally be traded as
4 August | 0 comments
 

Daily Forex Update: GBP/USD
Daily Forex Update: GBP/USD
The intraday GBP/USD trended higher throughout Monday's session with a strong and steady rally-one that is now beginning to slow. This congestion can be seen on the 60-minute time frame, which has rea
3 August | 1 comment
 

Daily Forex Update: NZD/USD
Daily Forex Update: NZD/USD
The direction of the 15-minute NZD/USD is maintaining the strength of the current intraday uptrend, and approaching the prior high from July 29 at 0.7288. This could present an obstacle for the bulls.
2 August | 0 comments
 

Daily Forex Update: EUR/CAD
Daily Forex Update: EUR/CAD
After a week of hard-fought gains and higher lows in the EUR/CAD, the Euro has weakened slightly against the Canadian Dollar and corrected lower intraday. After exhausting at the resistance of the Aut
30 July | 0 comments
 

Daily Forex Update: AUD/JPY
Daily Forex Update: AUD/JPY
The 30-minute chart of the AUD/JPY has bounced higher within a very strong downtrend. The nine-bar Autochartist Initial Trend reading indicates that bearish sentiment still dominates current price act
29 July | 0 comments
 

Daily Forex Update: GBP/CHF
Daily Forex Update: GBP/CHF
The GBP/CHF has stalled at the top of Tuesday's intraday range, with the current ceiling at 1.6547. The uptrend has established itself across the 15-, 30-, 60- and 240-minute and daily charts with lit
28 July | 0 comments
 

Daily Forex Update: USD/CHF
Daily Forex Update: USD/CHF
As the Asian session approaches, it's very likely that the intraday USD/CHF has found a sideways range within which to trade. The current market cycles on the 15-, 30-, and even 60-minute charts indic
27 July | 0 comments
 

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